Quick charity verification for Nakash Family Foundation (EIN: 133030267)
Verdict: Nakash Family Foundation appears trustworthy
75/100Mission Score
$2.9MRevenue
$464KAssets
3Red Flags
3Strengths
Red Flags
Lack of detailed functional expense breakdown (program, admin, fundraising) in available data, making efficiency assessment difficult.
NTEE code is unknown, which limits understanding of the organization's specific mission area and comparative analysis.
Consistent reporting of 0% officer compensation for an organization of this size could indicate compensation is paid by an affiliated entity, reducing transparency regarding true operational costs.
Strengths
Consistently low liabilities (often $1), indicating strong financial health and minimal debt.
Revenues and expenses are closely aligned, suggesting efficient distribution of funds rather than accumulation.
No reported officer compensation, which could indicate a volunteer-led board or efficient use of funds if compensation is truly absent.
Spending Breakdown
How Nakash Family Foundation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Nakash Family Foundation
Is Nakash Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Nakash Family Foundation (EIN: 133030267) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Nakash Family Foundation a good charity to donate to?
Nakash Family Foundation has a Mission Score of 75/100. Revenue: $2.9M. Assets: $464K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Nakash Family Foundation?
The Employer Identification Number (EIN) for Nakash Family Foundation is 133030267. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Nakash Family Foundation spend its money?
Nakash Family Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Nakash Family Foundation's tax-exempt status?
You can verify Nakash Family Foundation's tax-exempt status using EIN 133030267 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Nakash Family Foundation demonstrates consistent financial activity, with revenues and expenses generally in close alignment over the past decade. For instance, in 2023, revenues were $2,322,083 against expenses of $2,308,099, indicating that the organization spends nearly all of its incoming funds annually. This pattern suggests a focus on distributing funds rather than accumulating significant reserves, as evidenced by assets fluctuating but not growing substantially relative to revenue. The foundation's liabilities have consistently been very low, often reported as $1, which is a strong indicator of financial stability and minimal debt burden.
However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency. The absence of reported officer compensation across all filings suggests either a volunteer-led board or that compensation is covered by an affiliated entity, which, while not inherently negative, can sometimes obscure the true cost of operations if not clearly disclosed elsewhere. The foundation's transparency could be enhanced by providing more granular detail on how its expenses are allocated to different activities.
Overall, the foundation appears to be a stable grant-making entity, consistently distributing funds. Its financial health is sound given the low liabilities and consistent revenue streams. The primary area for improvement in transparency would be a more detailed functional expense breakdown.